Chinese Import Data Strongly Suggests OPEC Is Lying About A Production Cut To those cynics who accuse the self-monitoring OPEC, and its various adjunct agencies, of lying that it has implemented last year’s agreed upon production cuts, China just released January crude import data, which validates this skepticism. As JPMorgan writes, while IEA estimated the

Netflix wants a global car show to take on Amazon's 'The Grand Tour' Netflix wants a global car show to take on Amazon’s “The Grand Tour” after losing a bid for that show, according to Bloomberg’s Lucas Shaw. Netflix has seen the success of “The Grand Tour,” which features Jeremy Clarkson and the “Top Gear” team,

The future will be good for matchers and bad for strivers Economist Tyler Cowen says a big part of thriving in the future will come down to attitude. “Matchers gain, strivers lose,” he writes in a new book, “The Complacent Class.” Matchers, aka enthusiasts, are people who are motivated by personal interests, whether that’s record

JC Penney Company, Inc Reports 67% Gain In Q4 Earnings The Stock had a 2.5 Consensus … versus a 5.78% rise in the benchmark S&P 500 index during the same period. In terms of volatility, it has a beta coefficient of 0.72 and technical analysis volatility indicator called Average True Range or ATR around …

Tracy Morgan's big comeback is a stand-up special coming to Netflix Tracy Morgan will make his return to stand-up comedy a Netflix affair. Netflix announced on Friday that it will debut Morgan’s first stand-up special since the 2014 traffic accident that nearly took his life. Titled “Staying Alive,” the special was filmed at the Count Basie

Paris mayor responds after Trump tells the story of his friend, 'Jim,' who won't go to Paris anymore On Friday, President Donald Trump retold the story of a friend who he says won’t go to Paris anymore after two high-profile terror attacks in the past two years. The city’s mayor shot back on Twitter with a

5 Stocks Set for Explosive Breakouts – TheStreet.com TheStreet.com 5 Stocks Set for Explosive BreakoutsTheStreet.comTrading stocks that trigger major breakouts can lead to massive profits. Once a stock trends to a new high, or takes out a prior overhead resistance point, it's free to find new buyers and momentum players which can ultimately push the

Four Agencies To Abolish (Along With The Department Of Education) Submitted by Ryan McMaken via The Mises Institute, In the wake of the Senate's confirmation of the appointment of Betsy DeVos, the protests from the left prompted Republican Congressman Thomas Massie to offer them a way to get rid of DeVos: eliminate the Department of

Foot Locker's profit soared 12% this quarter — and its stock is popping (FL) Foot Locker reported fourth-quarter earnings that beat analysts’ expectations on Friday, and its stock is up 7.80% at $73.93 a share. The company reported earnings of $182 million, or $1.37 per share, up from $162 million, or $1.16 per share, in the fourth

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